No one intentionally sets out to manufacturer a defective or hazardous product, but errors in judgement, lack of knowledge and uncontrollable elements can cause manufacturing flaws , defective design, and defective warning/instructions.
If your company manufacturers, distributes or sells products to the public, then your business needs product liability insurance. Those businesses that have not equipped themselves to deal with a crisis risk being confronted with a series of threats:
Boycotts of the company's products or services
Collapse of the share price
Serious legal claims
Loss of credit
Bankruptcy
Serious damage to the company's image and reputation
